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Kirloskar Electric Company gets nod to sell land at Hubbali

05 Jan 2022 Evaluate

Kirloskar Electric Company has received approval from its board for the sale of company’s non-core asset i.e., immovable property admeasuring 32 acres situated at Hubbali, Karnataka on such terms and conditions as set out in the agreement to sell. The total consideration for the proposed sale would be Rs 100 crore.

Kirloskar Electric Company is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.

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Company Name CMP
Waaree Energies 2510.00
Apar Industries 17872.70
Havells India 1096.50
Suzlon Energy 42.35
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